Bahrain’s non-oil economy continued to expand in the first quarter of 2026 despite the sharp disruption to oil exports caused by restrictions on maritime traffic through the Strait of Hormuz. The non-oil activities played a pivotal role contributing 90.1% to GDP at constant prices during Q1.
Parkin, a leading provider of paid public parking facilities and services in Dubai, has signed an agreement with Bahrain Car Parks Company (Amakin) to establish a framework for collaboration across parking technologies, digital mobility services and regional business development.
stc Bahrain, a digital enabler, has appointed Khalid Alia as Chief Digital and Customer Experience Officer, as part of the company’s strategy to accelerate its digital growth and deliver more seamless, customer-centric experiences.
Bahrain's Fuel Pricing and Monitoring Committee has set August fuel prices, effective August 2, reflecting global market changes, while maintaining diesel subsidies for Bahraini fishermen and reaffirming its commitment to balanced pricing in line with economic conditions.
Mazad, Bahrain’s leading digital auction and marketplace platform and a Mumtalakat portfolio company, has launche a new curated collection bringing various luxury names to the auction platform.
John Crane, a global leader in flow-control technologies and an innovator in solutions for rotating equipment, and a business of Smiths Group, has renewed a long-term agreement to improve equipment reliability at a major refinery in Bahrain.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced two key promotions in managerial section - S. Abbas S. Baqer has been named Manager Calciner & Marine, while Ali Aseeri has been elevated to the post of Manager Engineering & Projects.
Bahrain's national carrier Gulf Air has announced that it will offer tailored travel packages combining flights, accommodation, airport transfers and race experiences for passengers travelling to capital Kuala Lumpur for the Formula 1 Gulf Air Bahrain Grand Prix 2026 in Malaysia.
Bahrain's Eskan Bank has invited bids from leading contractors for Madinat Salman Community Development Phase II project. The projects cover a central market, a supermarket and a sports facility - featuring two football fields and two drive-through buildings - with a combined BUA of 5,231 sq m.
Bahrain-based Bank ABC has reported a net profit of $111 million for the first half of 2026, a 27% decline compared to $152 million a year earlier, primarily driven by a higher provision charge amid a challenging macroeconomic and geopolitical environment. Its operating profit remained broadly stable, supported by 5% growth in core business revenue.
